Suppose a Firm Produces Pollution When It Generates Electricity

question 412

Multiple Choice

Suppose a firm produces pollution when it generates electricity. The cost of the pollution is called the

• A) marginal cost.
• B) marginal private cost.
• C) marginal external cost.
• D) marginal social cost.

---

Definitions:

Ionic

Relating to or involving ions, typically describing chemical bonds formed through the electrostatic attraction between oppositely charged ions.

Coordinate Covalent

A type of chemical bond where both electrons come from the same atom, typically seen in complex ions or molecules where a metal atom is bonded to one or more ligands.

Alkaline Earth Elements

A group of elements in the periodic table comprising beryllium, magnesium, calcium, strontium, barium, and radium, characterized by their two valence electrons.

Transition Metals

Elements found in the central block of the periodic table, characterized by their ability to form variable oxidation states and to create colored compounds.